Wassily Kandinsky’s Bild mit Häusern (Painting with Houses) in the Stedelijk Museum Amsterdam remains with the museum after an Amsterdam District Court ruling upholding a 2018 decision. The case involves heirs of Jewish collectors Lewenstein and Irma Klein; the painting was bought by the Amsterdam City Council in 1940 for 160 guilders, amid Nazi-occupation concerns, with the sale originally by Lewenstein’s father. The Dutch Restitutions Committee had previously rejected a claim for return in 2018, citing no evidence of a forced sale, amid ongoing national restitution debates.
The Everson Museum of Art in Syracuse announced the acquisition of seven works by emerging and mid-career artists, including Shinique Smith and Ellen Lesperance, following a $12 million Pollock sale. The Pollock painting Red Composition (Painting 1946) was deaccessioned and later sold for $12 million at Christie’s New York, with $13 million including buyer’s premium; proceeds fund acquisitions of artists of color, women, and under-represented artists.
Reuters reports that police recovered a 500-year-old painting from the school of Leonardo da Vinci, stolen from the Basilica di San Domenico Maggiore in Naples; the San Domenico Maggiore museum staff were unaware it was missing. The painting, a copy of Salvator Mundi attributed to Leonardo da Vinci, was found in an apartment on the outskirts of Naples and its 36-year-old owner was arrested on suspicion of receiving stolen goods.
Thwaytes v Sotheby’s [2015] EWHC 36 (Ch) concerns Mr. Thwaytes's claim against Sotheby's over a painting later deemed possibly by Caravaggio. The article outlines the sequence of events, including the initial assessment as a 17th century copy, the Olympia sale, the hammer price of £42,000, and subsequent claims by Sir Denis Mahon. The parties discussed include Mr. Thwaytes, Sotheby’s, Mrs. Orietta Benocci Adam, and Sir Denis Mahon.
Sandro Botticelli, Portrait of a Young Man Holding a Roundel (circa 1444/5–1510), sold for $92.2 million at Sotheby’s Old Masters sale in New York, becoming the second-most-expensive Old Master at auction. The work, Young Man Holding a Roundel, was bought by an unnamed collector after bids, with a pre-sale estimate of around $80 million.
Sandro Botticelli’s Portrait of a Young Man Holding a Roundel sold for $92.2 million at Sotheby’s New York, setting a high mark in the Old Masters sale and surpassing its pre-sale expectations. The painting led a night in which six artist records were set, though 13 of 43 lots went unsold. The buyer was described as a Russian private client bidding through Sotheby’s Lilija Sitnika, with the underbidder coming from Asia.
Sandro Botticelli’s painting Young Man Holding a Roundel sold for $92.2 million at Sotheby’s in New York, a record for the artist at auction, with ownership previously held by Sheldon Solow who had donated fractions of the work to his private foundation.
Van Gogh’s drawing La Mousmé (1888) could fetch up to $10 million at Christie’s in New York, as part of a sale titled A Family Collection: Works on Paper, Van Gogh to Freud. The work, based on a painting in Washington, DC, was looted during the Nazi era and restitution ongoing; the current owner is unnamed, belonging to the family of London dealer Thomas Gibson.
Sotheby’s documents the market development behind NEWSFLASH NEWSFLASH SANDRO BOTTICELLI'S PORTRAIT OF A YOUNG MAN HOLDING A ROUNDEL SELLS FOR RECORD $92.2 MILLION AT SOTHEBY'S NEW YORK | Old Master Paintings. Its account reports that sANDRO BOTTICELLI'S RENAISSANCE MASTERPIECE PORTRAIT OF A YOUNG MAN HOLDING A ROUNDELSELLS FOR RECORD $92.2 MILLION AT SOTHEBY'S NEW YORK The Highest Ever Price Achieved for an Old Master at Sotheby’s Shatters Previous Botticelli Auction Record By 9 Times One of the Greatest Renaissance…
Christie’s documents the market development behind RESULTS: Christie's Old Master & British Drawings including property from The Cornelia Bessie Estate Totals $3,803,875 - Christie's. Its account reports that new York — Christie’s online auction Old Master & British Drawings including property from The Cornelia Bessie Estate achieved a total of $3,803,875 and was 83% sold by lot, 100% sold by value and 137% hammer above low estimate.
Sotheby’s documents the market development behind 2021 Art Market Trends and Predictions. Its account reports that 6 The distinctions between art fairs, galleries, and auction houses will continue to blur in 2021 as the primary and secondary markets converge at an even greater scale than last year.
Christie’s documents the market development behind PRESS RELEASE: Exceptional Works on Paper Collection to be Offered in Dedicated Sale, London and New York, 1 March 2021 - Christie's. Its account reports that giovanna Bertazzoni, Vice Chairman, 20th – 21st Century, Christie’s: “Christie’s is thrilled to launch the 20th Century season of Spring sales in London and New York with a collection of exquisite works on paper put together by an exceptional eye.
Christie’s documents the market development behind Old Master & British Drawings including property from The Cornelia Bessie Estate | 14-28 January - Christie's. Its account reports that new York – Christie’s online auction Old Master & British Drawings including property from The Cornelia Bessie Estate will be offered for sale 14-28 January and will feature works from the 15th to the 19th centuries, with a particular focus on drawings by some of the greatest 18th century French…